EP Budgets Committee publishes assessment of H2020
The Budgets Committee of the European Parliament has recently published a study assessing the first two years of Horizon 2020. According to the EP, the study takes into account the initial frontloading for Horizon 2020, the evolution and the new priorities after the 2013 agreement on the Multiannual Financial Framework (MFF) 2014-2020. The assessment includes a short description of the Horizon 2020 programme and its progress, discusses its budgetary implementation and performance to date and implications of EFSI-related cuts, as well as provides conclusions through an overall appraisal of the programme.
The main recommendations of the study are the following:
Additional financial resources should be considered to alleviate the unnaturally large backlog of the EU budget with regard to the implementation of Horizon 2020.
There is still a theoretical risk that the Horizon 2020 shortfall does not materialise in equal measure under EFSI. The study therefore recommends that The European Parliament should closely monitor the progress of EFSI and the continued implementation of Horizon 2020 with a view to collecting data for additional assessments in the near future.
The European Parliament should consider the possibility of additional funding, in particular to the most competitive Horizon 2020 priorities, to ensure the programme can maintain the success rates achieved under FP7.